Covid Economics The ‘Zoomshock’, a result of Covid-19, pushed work into homes, reshaping local service demand. Examining UK data, we find: substantial worker mobility, declining activity in city centres, and a move to suburbs with fewer local services. We discuss post-Covid employment and economic recovery.
Remote work reshapes where workers spend time, impacting local personal service demand in England and Wales. A 20% drop in commuting leads to a 7% LPS spending fall. City centres see the largest spending reductions, while increases are widespread. Less affluent areas see fewer remote work benefits.